1018-1024 Laurier Avenue, Kelowna

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Opportunity for an entrepreneurial or professional caregiver investor group to acquire a 10 unit care facility with an adjoining property that would allow for further expansion. Currently 10 bedrooms on the main floor with room for 5 more on the basement level. Fully wheelchair accessible, 24-hour door locking system, security alarm, fire sprinklers, and a fenced backyard for a secure environment. There is redevelopment potential for this property as RM4 would allow up to a FAR of .95 as the property is located in an identified Urban Centre, maximum site coverage of 50% and heights up to 13 m or 3 storeys. The two lots combined are rectangular in shape and total .4 acres or ±17,424 SF. The property is flat and has ±127.5 feet of frontage along Laurier Ave and ±127.5 feet along a rear lane-way. The property is ±136.5 feet in depth. Its location is central and only a short walk to the commercial area at the corner of Gordon Dr and Harvey Ave.